Winnow Wealth LLC bought a new position in Hershey Company (The) (NYSE:HSY – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,693 shares of the company’s stock, valued at approximately $1,070,000.
A number of other hedge funds have also recently bought and sold shares of the company. SJS Investment Consulting Inc. grew its stake in shares of Hershey by 1,537.5% in the 3rd quarter. SJS Investment Consulting Inc. now owns 131 shares of the company’s stock worth $25,000 after purchasing an additional 123 shares during the last quarter. Trust Co. of Toledo NA OH bought a new stake in Hershey during the second quarter worth approximately $28,000. Twin Peaks Wealth Advisors LLC acquired a new position in Hershey in the second quarter worth approximately $31,000. Vermillion & White Wealth Management Group LLC grew its position in Hershey by 46.3% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 199 shares of the company’s stock worth $33,000 after buying an additional 63 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of Hershey in the second quarter valued at $36,000. 57.96% of the stock is owned by institutional investors and hedge funds.
Hershey Trading Up 2.2%
NYSE:HSY opened at $194.74 on Friday. The stock has a market cap of $39.49 billion, a PE ratio of 29.11 and a beta of 0.18. Hershey Company has a fifty-two week low of $140.13 and a fifty-two week high of $201.86. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.36 and a quick ratio of 0.83. The stock’s 50-day moving average is $187.24 and its two-hundred day moving average is $184.42.
Analyst Upgrades and Downgrades
HSY has been the topic of a number of recent research reports. Argus upgraded Hershey to a “hold” rating in a report on Wednesday, November 26th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Hershey in a research report on Monday. Bank of America lifted their price target on Hershey from $200.00 to $210.00 and gave the stock a “neutral” rating in a research note on Friday, December 19th. TD Cowen decreased their target price on shares of Hershey from $204.00 to $200.00 and set a “hold” rating for the company in a report on Friday, October 31st. Finally, Jefferies Financial Group began coverage on shares of Hershey in a report on Thursday, December 4th. They set a “hold” rating and a $181.00 price target on the stock. Six equities research analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the company. According to MarketBeat, Hershey has a consensus rating of “Hold” and an average price target of $191.79.
Check Out Our Latest Report on Hershey
Key Hershey News
Here are the key news stories impacting Hershey this week:
- Positive Sentiment: Zacks added HSY to its Rank #1 (Strong Buy) list and to its income-stock recommendations — a formal upgrade that can attract investor flows and income-focused buyers. New Strong Buy Stocks for January 30th Best Income Stocks to Buy for January 30th
- Positive Sentiment: Analysts and previews expect Hershey to beat Q4 estimates based on solid demand, pricing power and brand strength — earnings beats typically drive short-term stock gains. Hershey Expected to Beat Earnings Estimates Q4 Earnings on Deck: What to Expect
- Positive Sentiment: Product innovation: Jolly Rancher launched a new spicy gummy collaboration (VeeFriends), which can boost seasonal demand and brand buzz — a tangible growth catalyst for confection sales. Hot Take: Jolly Rancher Just Made Gummies Spicy
- Neutral Sentiment: Valuation and earnings optimism article highlights both potential upside from continued margin improvement and the stock’s premium multiple — useful context but mixed impact short term. A Look At Hershey Valuation As Earnings Optimism And New Jolly Rancher Gummies Draw Attention
- Neutral Sentiment: Market coverage note: HSY traded up while broader market dipped — shows defensive demand but not a definitive directional signal. Hershey Rises As Market Takes a Dip
- Negative Sentiment: MarketWatch flags that HSY still underperformed key competitors on a relative basis despite daily gains — relative weakness could limit further multiple expansion until comps show similar strength. Hershey Co. stock underperforms Friday when compared to competitors despite daily gains
Insider Activity
In related news, insider Stacy Taffet purchased 200 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were acquired at an average cost of $186.19 per share, with a total value of $37,238.00. Following the completion of the purchase, the insider owned 9,371 shares of the company’s stock, valued at $1,744,786.49. The trade was a 2.18% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Steven E. Voskuil sold 1,500 shares of Hershey stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $198.67, for a total value of $298,005.00. Following the sale, the chief financial officer directly owned 52,319 shares of the company’s stock, valued at approximately $10,394,215.73. The trade was a 2.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 6,000 shares of company stock worth $1,119,450 in the last ninety days. Corporate insiders own 0.34% of the company’s stock.
Hershey Company Profile
The Hershey Company (NYSE: HSY) is a leading North American chocolatier and snack manufacturer headquartered in Hershey, Pennsylvania. The company develops, produces and markets a wide range of confectionery and snack products for retail, foodservice and international customers. Hershey’s business spans manufacturing, branded product marketing, packaging and distribution across grocery, convenience, mass merchant and e-commerce channels.
Hershey’s product portfolio centers on chocolate and sugar confectionery, including core brands such as Hershey’s, Reese’s, Hershey’s Kisses and Twizzlers, alongside non-chocolate snacks and confectionery brands.
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